GDP is the total sum of the wealth produced in a country over a given period of time, usually one year. Nominal GDP is GDP at current prices, while nominal GDP is deflated GDP, ie, discounted inflation. Thus, if the inflation rate is 5% = 0.05, we have to use the formula for the real GDP calculation:
Real GDP 2018 = Nominal GDP / 1+ inflation rate
Real GDP = 315 / 1.05 = $ 300 (in billions).
To calculate the GDP growth rate between 2017 and 2018, just narrow the difference between real GDP for both years and divide by the value of real GDP for 2017. The result must be multiplied by 100 to find the percentage value.
GDP growth rate = {(300 - 273) / 273} * 100 = 9.89%
Answer:
The correct option is E: has significantly decreased the number
Explanation:
From the sentence, we can see that the sentence subject in this case is activism, and the singular verb is identified as "has", thus this eliminates the options A and B. Option D is too wordy and awkward. In Option C, the word "lead" makes the sentence wrong, as "led" would be correct since "demanded" is in past tense. Only Option E is correct.
Answer:
D. The federal government can only function effectively if it has the ability to collect taxes.
The answer is : The demand would most likely increasing
Phrases such as "all boots must go" tend to be used if the businesses want to restock its warehouse with new products. Because of this, it is very likely that they would sell the boots under a huge discount. According to the law of demand, this decrease in price would increase the number of demand from consumers.
